SBP issues Permission for Commencement of Business to Export-Import Bank of Pakistan Export-Import Bank of Pakistan is about the 64th institution in the world of its nature KARACHI ( Web News ) The State Bank of Pakistan (sbp) has granted its “Permission for Commencement of Business” to the Export-ImportRead More →
Banks’ Post-Tax Profit Doubled To Rs 284 Billion In Six Months Of 2023: SBP Report ISLAMABAD ( Web News ) The half-year post-tax profit of banks operating in Pakistan doubled and amounted to Rs 284 billion during the Jan-June 2023 period. In the corresponding period of the last year, banks’ post-taxRead More →
ISLAMABAD ( Web News ) Moody’s Investors Service on Wednesday affirmed the B3 long-term deposit ratings of five leading Pakistani banks and changed their outlook to negative from stable as a fallout of its last week’s downgrade of Pakistan’s sovereign rating to negative. These banks are Allied Bank Limited (ABL),Read More →
ISLAMABAD ( MEDIA REPORT ) In an explosive disclosure by an official of Federal Investigation Agency data of major Pakistani banks have been hacked. SBP instructs banks after ‘cyber attack’ on Bank Islami network According to FIA Cyber Crimes Director retired Capt Mohammad Shoaib, the banks have not shared theRead More →